Active BE 0434.590.583Private limited company (pre-2019)

TRANSFER

Hazelaarstraat 5 ·8020 Oostkamp, Belgium· 38 yrs active

Sector: NACE 74209 (74209)

Conclusion Checked

The computed 12-month bankruptcy probability of TRANSFER is 0.3% (very low). The 2024 annual accounts show equity of €4k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€4k
Net result	€-5k
Active	38 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

66 / 100

Strong profile, led by solvency.

Health 52

Profitability 0

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1988, 38 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

52 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 10-06-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

EBITDA

€-3k

- far below sector median

Net profit

€-5k

- far below sector median

Cash flow

€-4k

- far below sector median

Total assets

€5k

-50.1% -85% vs sector

Equity

€4k

-53.9% -44% vs sector

Working capital

€4k

-50.1% far above sector median

Income taxes

€376

-67.5% +57% vs sector

Debt

€1k

-32.3% -95% vs sector

Debt ≤ 1y

€1k

-32.3% -95% vs sector

Debt > 1y

€2k

-13.6% -30% vs sector

Current ratio

4.14

-21.3% far above sector median

Quick ratio

4.14

-21.3% far above sector median

Solvency

76.0%

-7.6% +235% vs sector

Debt / equity

0.31

+46.9% -90% vs sector

ROE

-116.9%

- far below sector median

ROA

-88.9%

- far below sector median

Interest coverage

-10.41

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-3k
Net profit	€-5k
Cash flow	€-4k
Staff costs	-
Income taxes	€376
Dividends	-
Total assets	€5k
Equity	€4k
Debt	€1k
of which ≤ 1y	€1k
of which > 1y	-
Working capital	€4k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	4.14
Quick ratio	4.14
Working capital ratio	75.1%
Solvency	76.0%
Debt / equity	0.31
Long-term debt ratio	-
Interest coverage	-10.41
Gross margin	-
Net margin	-
ROA	-88.9%
ROE	-116.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €50 · 0.9% Current assets €5k · 99.1%

Equity & liabilities

Equity €4k · 76.1% Debt €1k · 24.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€5k
Fixed assets	21/28	€50
Financial fixed assets	28	€50
Current assets	29/58	€5k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5k
Equity	10/15	€4k
Contributions / capital	10/11	€6k
Reserves	13	€61k
Accumulated profits (losses)	14	€-63k
Amounts payable	17/49	€1k
Amounts payable within one year	42/48	€1k
Trade debts payable within one year	44	€303
Income statement
Gross operating margin	9900	€-3k
Operating result	9901	€-4k
Financial charges	65	€326
Result before taxes	9903	€-4k
Income taxes	67/77	€376
Net result for the period	9904	€-5k
Result to be appropriated	9905	€-5k

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Ratios computed by Checked.

Legal Structure

NACE primary	74209
Legal form	Private limited company (pre-2019)(015)
Incorporation	22-06-1988
Status	Active
Postal code	8020

Establishment units 1 location

TRANSFER

Hazelaarstraat 5, 8020 OostkampOverige activiteiten op het gebied van drukwerk

since 19882.039.503.786

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31022C1219/00D000	Flanders	2,809 m²	1 · 110 m²	9.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

10-06-2025